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Mary purchased 100 shares of Sweet Pea Co. stock at a price of $44.94 six months ago. She sold all stocks today for $45.25. During that period the stock paid dividends of $2.72 per share. What is Mary’s effective annual rate? Round the answers to two decimal places in percentage form.

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Mary purchased 100 shares of Sweet Pea Co. stock at a price of $44.94

six months ago. She sold all stocks today for $45.25. During that period the stock paid dividends of $2.72 per share. What is Mary’s effective annual rate?

Round the answers to two decimal places in percentage form.

 
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